News for 'Auditor General'

Money meant for poor going somewhere else, says SC

Money meant for poor going somewhere else, says SC

Rediff.com12 Apr 2017

It observed that there is no record of the money meant for the welfare of construction workers.

PHOTOS: President presents Padma awards to 54

PHOTOS: President presents Padma awards to 54

Rediff.com16 Mar 2019

Former cricketer Gautam Gambhir, actor Manoj Bajpayee, mountaineer Bachendri Pal, ISRO scientist Nambi Narayanan and Odisha tea seller D Prakash Rao were among the recipients of the honour.

PM gets acclaim and blame; nothing personal against Dr Singh: Vinod Rai

PM gets acclaim and blame; nothing personal against Dr Singh: Vinod Rai

Rediff.com16 Sep 2014

With his new book creating a major controversy, former Comptroller and Auditor General Vinod Rai on Tuesday said he has nothing personal against former prime minister Manmohan Singh, but all the "acclaim and the blame" has to be taken by the head of the government.

NPAs rise, Kingfisher loan default only a 'trickle': Vinod Rai

NPAs rise, Kingfisher loan default only a 'trickle': Vinod Rai

Rediff.com14 Sep 2014

As industrialist Vijay Mallya fights his wilful defaulter tag, former CAG Vinod Rai has said Kingfisher Airlines' loan default is just a "trickle" and the overall problem of huge bad loans at public sector banks can be blamed on 'cronies' using connections to borrow money.

SC's coal block ruling could add to woes of power cos

SC's coal block ruling could add to woes of power cos

Rediff.com26 Aug 2014

De-allocation could raise import bill by $3 billion, add to coal shortage.

RBI appoints 3-member team to run Lakshmi Vilas Bank

RBI appoints 3-member team to run Lakshmi Vilas Bank

Rediff.com28 Sep 2020

The Reserve Bank of India (RBI) has approved a three-member committee of directors to run the day-to-day functioning of cash-strapped Lakshmi Vilas Bank.

Can the industry avoid being scrutinised by CAG?

Can the industry avoid being scrutinised by CAG?

Rediff.com10 Jan 2014

CAG may not be the cure-all for the ills that afflict PPP projects and is perhaps a sub-optimal solution to the problem.

GST Compensation Fund: Centre to get bigger share

GST Compensation Fund: Centre to get bigger share

Rediff.com27 Mar 2017

Any residual amount left in the Compensation Fund after five year compensation period shall be shared equally between the Centre and the states.

CAG exposes UP govt's false claims on Kumbh Mela success

CAG exposes UP govt's false claims on Kumbh Mela success

Rediff.com2 Jul 2014

The Uttar Pradesh government's oft-repeated claims about the success of the 2013 Kumbh Mela have fallen flat, with the Comptroller and Auditor General pointing out various failures and pitfalls in the mega event.

Modi sarkar's unique plan to cut fiscal deficit

Modi sarkar's unique plan to cut fiscal deficit

Rediff.com24 Jan 2019

Government is framing a rule that will make it compulsory for regulators like Sebi, Irdai and PFRDA to deposit a significant portion of their reserves into the Consolidated Fund of India.

Do you know what a Fudget is?

Do you know what a Fudget is?

Rediff.com23 Jan 2019

'Will Mr Jaitley listen, or is that expecting too much in pre-election season?' asks T N Ninan.

4 banks to brief Parliament panel on loan defaulters

4 banks to brief Parliament panel on loan defaulters

Rediff.com23 Feb 2017

The PAC, headed by Congress lawmaker K V Thomas, is keen to find out the details of huge loans given by the banks to corporates including the basis on which such favours were extended.

Never met Sonia or Antony: Agusta 'middleman's' big revelations

Never met Sonia or Antony: Agusta 'middleman's' big revelations

Rediff.com11 May 2016

He also said that Bharatiya Janata Party MP Subramanian Swamy has not lied about the deal but it seems he has been misled.

IL&FS value to be preserved, says non-executive chairman Uday Kotak

IL&FS value to be preserved, says non-executive chairman Uday Kotak

Rediff.com5 Oct 2018

The new board will have to provide the NCLT a road map for turning around the company by October 31, which, Kotak said, is challenging, given that the company's issues represent a "moving target"

CAG to audit coal block e-auction

CAG to audit coal block e-auction

Rediff.com28 May 2015

CAG audit is likely to be completed in six months.

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Rediff.com8 Oct 2020

PNB has rich experience in the integration of commercial banks.

INS Vikrant : 12 years late, 13 times the cost

INS Vikrant : 12 years late, 13 times the cost

Rediff.com21 Aug 2021

The MiG29K and MiG29KUB, the aircraft carrier's primary fighters, spent more time in the hangar than in the air, with fleet serviceability remaining below 50 per cent, reports Ajai Shukla.

Amid Doklam standoff, govt plans to speed up roads along China border

Amid Doklam standoff, govt plans to speed up roads along China border

Rediff.com21 Aug 2017

The CAG had taken a strong objection to the long delays by the BRO in constructing 61 strategically important roads.

Budget 2020: Tax changes for charitable trusts likely

Budget 2020: Tax changes for charitable trusts likely

Rediff.com13 Jan 2020

The new provision under the Income-Tax Act may enable the authorities to seize trustees' personal assets if there's a breach of objectives governing registered charitable trusts.

PM must quit, has no moral right to continue: Mamata

PM must quit, has no moral right to continue: Mamata

Rediff.com8 Dec 2016

'He (Modi) thinks as if he is a tiger, and the only one who is right,' Mamata said.

SC upholds decision to keep DND flyway toll-free

SC upholds decision to keep DND flyway toll-free

Rediff.com11 Nov 2016

"We refuse to grant any relief," the SC said.

ICAI reviews financial statements of Mallya's firms

ICAI reviews financial statements of Mallya's firms

Rediff.com5 May 2016

The move also comes against the backdrop of the embattled Mallya facing a case of loan default worth Rs 9,400 crore.

Former top AI executives trade charges

Former top AI executives trade charges

Rediff.com23 Oct 2013

Air India's former executive director Jitender Bhargava feels the airline should oppose the Tata-Singapore Airline plan to set up a hub in Delhi.

A bureaucrat for 'the little guy'

A bureaucrat for 'the little guy'

Rediff.com6 Mar 2021

Rahul Khullar's guiding credo was that a civil servant must never lose sight of his client: The little guy. The evil men are those who are decision-makers but abdicate their responsibility of taking decisions, leading people to lose confidence in public institutions.

HAL apathy: IAF pilots yet to get Stage-II training aircraft

HAL apathy: IAF pilots yet to get Stage-II training aircraft

Rediff.com20 Dec 2014

Pulling up Hindustan Aeronautics Limited for an inordinate delay of 14 years in the development and supply of a trainer aircraft, the CAG has observed that the time overrun has affected the Stage-II training of IAF pilots.

What would happen if Mumbai faces Chennai's fate?

What would happen if Mumbai faces Chennai's fate?

Rediff.com4 Dec 2015

The civic body had come under severe attack in June.

BCCI vs Lodha panel: Supreme Court likely to pass order today

BCCI vs Lodha panel: Supreme Court likely to pass order today

Rediff.com17 Oct 2016

The Supreme Court is likely to pass direction, on Monday, over Justice Lodha committee plea alleging that the Board of Control for Cricket in India (BCCI) is violating the apex court order and committee directions regarding the BCCI reforms.

Don't leave finance to the financiers

Don't leave finance to the financiers

Rediff.com9 Sep 2014

A new generation of scholars -- this time, sociologists and anthropologists, who hitherto have been busy with researching social practices of primitive tribes and social structures like India's caste system -- are starting to cast their eyes on the financial sector.

CAG red-flags $1.6 bn excess cost recovery by RIL

CAG red-flags $1.6 bn excess cost recovery by RIL

Rediff.com2 Aug 2016

CAG had in its previous reports slammed Oil Ministry and its technical arm DGH for not exercising enough control and vigil over KG-D6 block.

Why it pays to invest in family-owned businesses

Why it pays to invest in family-owned businesses

Rediff.com22 Jul 2016

The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.

Naveen Jindal unhappy with coal verdict, to seek legal help

Naveen Jindal unhappy with coal verdict, to seek legal help

Rediff.com26 Sep 2014

With the Supreme Court (SC) cancelling captive coal block allocations, Jindal Steel & Power Limited will be the worst-affected company.

Heavy rain forecast for next 3 days in Uttarakhand

Heavy rain forecast for next 3 days in Uttarakhand

Rediff.com24 Jun 2013

The weather office on Monday forecast heavy to very heavy rainfall over the next three days over some parts of Uttarakhand, which is still recovering from a deluge last week that is feared to have taken over 1,000 lives.

Is this how we treat our soldiers?

Is this how we treat our soldiers?

Rediff.com14 Nov 2017

Whilst politicians promise to uphold the honour and interests of our soldiers, the very opposite is being done, says Karan Thapar.

Why dissent will become more difficult in India

Why dissent will become more difficult in India

Rediff.com4 Apr 2016

'These trends put at risk not only minorities or the media or some other out-of-favour group, they can and do concern everyone,' warns T N Ninan.

In 50 days, Modi govt gave green nod to 5 projects

In 50 days, Modi govt gave green nod to 5 projects

Rediff.com18 Jul 2014

The Narendra Modi-led National Democratic Alliance government has given environment clearance to five projects since it took charge on May 26.

ICAI seeks more powers

ICAI seeks more powers

Rediff.com29 Nov 2004

Changes likely in tax audit report for charitable trusts

Changes likely in tax audit report for charitable trusts

Rediff.com29 May 2019

The report, floated recently, comes a few days after the government cancelled the registration of Bengaluru-based NGO Infosys Foundation for alleged violation of norms in receiving foreign grants.

Congress readies two weapons to target Modi

Congress readies two weapons to target Modi

Rediff.com24 May 2014

Down and out Congress is all set to use 'Modi's doublespeak on CAG reports' and invitation to Nawaz Sharif as weapons to target the prime minister-designate. Renu Mittal reports.

Ex-BCCI president Thakur tenders unconditional apology in Supreme Court

Ex-BCCI president Thakur tenders unconditional apology in Supreme Court

Rediff.com13 Jul 2017

Former Board of Control for Cricket in India president Anurag Thakur on Thursday tendered a fresh "unconditional" and "unequivocal" apology in the Supreme Court, saying it was never his intention to undermine the majesty of the apex court.

Murli Deora: The politician who was loved by all

Murli Deora: The politician who was loved by all

Rediff.com24 Nov 2014

Congress stalwart Murli Deora passed away on Monday morning after battling a prolonged illness. He was a politician who shared rapport across the political and corporate spectrum.